===================Program Starting: Sat Mar  2 20:51:01 2024

------ Estimated Model parameters------
             betapar		   0.973900000000000
              Etapar		   0.035000000000000	   0.019500000000000	   0.013500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.214468075000000	   0.240452275000000	   0.279527000000000
            gmapping		   2.179000000000000	   2.443000000000000	   2.840000000000000
               meang		   0.098425000000000
              kappaE		   0.280000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.890000000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.700000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.900000000000000
                sigz		   0.418500000000000
                 PiZ	    0	   0.560778726130851	   0.259823617434122	   0.133150291002764	   0.039046841213730	   0.006540976338574	   0.000624569420485	   0.000034978459473	
                 PiZ	    1	   0.296220025238117	   0.294507026079130	   0.249194329875607	   0.120777504252425	   0.033492649260292	   0.005304420288587	   0.000504045005842	
                 PiZ	    2	   0.110560973209393	   0.212616645309335	   0.296977216213190	   0.237671988222660	   0.108944525314200	   0.028568040727306	   0.004660611003916	
                 PiZ	    3	   0.027951001361554	   0.097723609057729	   0.225422787980110	   0.297805203201214	   0.225422787980110	   0.097723609057729	   0.027951001361554	
                 PiZ	    4	   0.004660611003917	   0.028568040727306	   0.108944525314200	   0.237671988222660	   0.296977216213190	   0.212616645309335	   0.110560973209393	
                 PiZ	    5	   0.000504045005842	   0.005304420288587	   0.033492649260292	   0.120777504252425	   0.249194329875607	   0.294507026079130	   0.296220025238117	
                 PiZ	    6	   0.000034978459473	   0.000624569420485	   0.006540976338574	   0.039046841213730	   0.133150291002764	   0.259823617434122	   0.560778726130851	
               Zgrid	   0.039895158324313	   0.359930143754798	   0.679965129185283	   1.000000114615768	   1.320035100046253	   1.640070085476738	   1.960105070907223	
               mupar		   0.500000000000000
              DRIpar		   0.700000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016489214609214 
w    0.253781277852715 
mw    0.326940588808680
u    0.051353904761572 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.617820822437617
Fraction of E>nonE [6.7]    7.220748850954516
Fraction of E [8.2]   10.867388858858982
Ratio mworthJ/mworthW [8]    5.789454545014810
Wealth Gini [0.8]    0.635080177160950
Bankruptcy rate [0.75]    0.649049418771599
U>E [2.2]    3.840120321853320
(UL:    0.027347789608263, US:    0.024006115153309) Unemploy. rate [6.4]    5.135390476157206
IUR (Ui/W) [2.5] = 2.857965
W>E 1 [1.07]    1.159317966492558
W>E 2 [0.89]    0.846746695074008
W>E 3 [1.07]    0.994395558568351
W>U 1 [1.07]    1.399453059048890
W>U 2 [0.89]    0.914786791648545
W>U 3 [1.07]    0.686016044823132
Zero wealth fraction [7- 13]    4.374917483433895
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.008482003731316
Fraction of U>E (rlv to new entrant) [20]    0.232498333564059
Worker exit rate (rlv to workers) [3-6.5]    0.028975529072211
Nshare (US)    0.036146674580795, 	 Nshare(UL):    0.001234515572895, 	 Nshare(WW):    0.001339820947197, 	 Nshare [0.1]:    0.038721011100886
Earning Gini [0.36]    0.464790633626279
Top 1 [30]    0.125852136836249
Fraction U>nonU (rlv to unemployed) [?]   47.923831119327183

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.013068256623102	   0.005164143303587	   0.008259945588787	
   0.008984945279282	   0.006562455633868	   0.007706763750698	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.034498807301307	   0.019382340419130	   0.013370580240919	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044070370828646	   0.067647886106970	   0.087068286606204	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.015553262042944	   0.005718876195678	   0.007265423472722	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.426500667246107	   0.453240668393432	   0.436568620215151	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.044616017135743	   0.030715811870002	   0.046064301155124	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5207617 	 0.4408371 	 0.0384012 
W 	 0.0212253 	 0.9710245 	 0.0077502 
E 	 0.0099094 	 0.0622980 	 0.9277925 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.025268757657711
Top 1 [41.8]    0.125852136836249
Top 5 [?]    0.327945287888113
Top 10 [77.2]    0.458126571304184
Top 20 [?]    0.643907172735909
Top 40 [?]    0.873665765952467
Bot 20 [?]    0.004933629051422
Bot 40 [?]    0.034842818937213
Bot 60 [?]    0.126334234047533
Bot 80 [?]    0.356092827264091
mworthJ   10.614049888561382
mworthW    1.833341950616218
mworthUi    1.228454786526240
mworthUn    2.535847821458329
avgfirm:   12.962458807869446
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.408680804320578
productionJ (annual)    0.874637524510252
Totalcapital    5.255641218329559
Totallabor    1.092290627402126
Corproduction (annual)    1.105294631520605
Corcapital    3.846960414008981
Totalproduction (annual)    1.979932156030857
capitalJ/Totalcapital    0.268032147896182
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002502381420813
Revenue Basis    0.277202911208655
Optimal tax    0.009314120119146
Optimal tax SEA    0.000000000000000
COST SEA:    0.000090917425028    0.000040162887056
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.839972206649463 
U    0.051353904761572 
VE    0.108673888588590 
-------WELFARE--------
Un -147.022058255900305  Ui -156.215860089834393  J -113.530957835967229  WW -143.402722134511748  Wtot-140.563015857133308   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.171347297659162,    0.249999999999900,    5.205404959932157,    0.643169549138522  
THETA: 1,     0.087535206817469,    0.499999999999816,   12.642454487418110,    1.108908584108871  
THETA: 2,     0.088277843060425,    0.249999999999909,   28.653525278975067,    1.552159497023321  

 GMM ::  135.002430623651634


 ===================Program ended: Sat Mar  2 20:57:36 2024
 in 395.000000 seconds=================
